Waterloo Capital L.P. Cuts Stake in BNY Mellon Core Bond ETF (NYSEARCA:BKAG)

Waterloo Capital L.P. lowered its position in shares of BNY Mellon Core Bond ETF (NYSEARCA:BKAG) by 11.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 42,190 shares of the company’s stock after selling 5,542 shares during the period. Waterloo Capital L.P.’s holdings in BNY Mellon Core Bond ETF were worth $1,748,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV purchased a new position in shares of BNY Mellon Core Bond ETF during the second quarter valued at $256,000. Total Investment Management Inc. increased its stake in shares of BNY Mellon Core Bond ETF by 0.8% during the second quarter. Total Investment Management Inc. now owns 1,496,788 shares of the company’s stock valued at $61,997,000 after buying an additional 12,316 shares during the period. Nilsine Partners LLC increased its stake in shares of BNY Mellon Core Bond ETF by 2.6% during the second quarter. Nilsine Partners LLC now owns 82,129 shares of the company’s stock valued at $3,402,000 after buying an additional 2,088 shares during the period. First Heartland Consultants Inc. increased its stake in shares of BNY Mellon Core Bond ETF by 3.7% during the second quarter. First Heartland Consultants Inc. now owns 212,476 shares of the company’s stock valued at $8,801,000 after buying an additional 7,671 shares during the period. Finally, Tanager Wealth Management LLP boosted its position in BNY Mellon Core Bond ETF by 9.8% during the second quarter. Tanager Wealth Management LLP now owns 526,915 shares of the company’s stock valued at $21,825,000 after purchasing an additional 47,006 shares in the last quarter.

BNY Mellon Core Bond ETF Stock Down 0.1 %

Shares of BKAG stock opened at $43.45 on Wednesday. BNY Mellon Core Bond ETF has a 1-year low of $39.22 and a 1-year high of $43.51. The stock’s 50-day moving average is $42.53 and its 200 day moving average is $41.77.

BNY Mellon Core Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.1546 per share. The ex-dividend date was Thursday, August 1st. This is an increase from BNY Mellon Core Bond ETF’s previous dividend of $0.14.

About BNY Mellon Core Bond ETF

The BNY Mellon Core Bond ETF (BKAG) is an exchange-traded fund that is based on the Bloomberg US Aggregate Total Return index. The fund tracks a broad index of US investment-grade fixed income securities, including Treasurys, agencies, CMBS, ABS and corporates. BKAG was launched on Apr 24, 2020 and is managed by BNY Mellon.